1331 Ashbourne Road

Elkins Park, PA 19027

Elkins Park large multi family building consisting of three rental units. The building contains 3 separate rental units, however only 2 are legally zoned for rental purposes. The building needs updating and is being sold in "as is" condition. Electric for each apartment is separate. Owner pays domestic hot water and heating fuel (oil). Owner also pays cold water. Off street parking is available for one of the units. Large double lot with plenty of yard space and privacy. Building could be converted back to single family as well.Yearly expenses as follows: $17,712Water and sewer $2800, Oil/heat $3078, PECO common areas $1764, Building Insurance $1344, Real estate taxes $8726.Yearly rental Income: $31,860Yearly expenses : $17,712net operating income-$14,148.00Apt B - lower level apartment $735 (not legally zoned)Floor 1 - 1st floor rear $895Floor 2 - 2nd floor $1,025call for appointments-24 hour notice.